Today, the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management announced that contracts have been awarded from the recent Congressionally-mandated Strategic Petroleum Reserve (SPR) crude oil sale. On August 23, 2021, DOE issued a Notice of Sale for a price-competitive sale of up to 20 million barrels of SPR crude oil. A total of 15 companies responded and 104 bids were submitted for evaluation. Contracts were awarded to the following eight companies: Atlantic Trading & Marketing, Inc. Chevron USA ExxonMobil Oil Corporation Marathon Petroleum Supply and Trading, LLC Motiva Enterprises, LLC ... (full story)